Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10004967976
Economic theory is often abused in practical policy-making. There is frequently excessive focus on sophisticated theory at the expense of elementary theory; too much economic knowledge can sometimes be a dangerous thing. Too little attention is paid to the wider economic context, and to the...
Persistent link: https://www.econbiz.de/10005498003
Social preference research has fundamentally changed the way economists think about many important economic and social phenomena. However, the empirical foundation of social preferences is largely based on laboratory experiments with self-selected students as participants. This is potentially...
Persistent link: https://www.econbiz.de/10008642878
key ingredients: creditor discrimination and crowding-out effects. Creditor discrimination arises because, in turbulent …
Persistent link: https://www.econbiz.de/10011084507
discrimination. Using data collected in the 1980 Women and Employment Survey, we find that women's wages would be between 20 and 25 … per cent higher in the absence of discrimination. This is somewhat higher than previous estimates have indicated. …
Persistent link: https://www.econbiz.de/10005656294
We adopt a general equilibrium approach in order to measure the effects of recent immigration on the Western German … period 1987-2001, we find that the substantial immigration of the 1990's had no adverse effects on native wages and … as `flexible' as the UK labour market, it would be more efficient in dealing with the effects of immigration. …
Persistent link: https://www.econbiz.de/10005792043
, the completion of Europe's domestic market could exert a profound influence on nonmember countries. This paper examines …
Persistent link: https://www.econbiz.de/10005791809
The paper empirically analyzes asymmetries in the EMS with special reference to their implication for the creation of a monetary union (EMU). Two types of asymmetries are analyzed: those in the form of "German dominance" are detected in the conduct of monetary policies in the EMS, in particular...
Persistent link: https://www.econbiz.de/10005124043
The paper analyzes the role of a multilateral payments union (PU) between East European countries (EEPU) as an intermediate solution in the process to full convertibility. After a description of the main functions of a PU, which is based on the historical model of the European Payments Union, it...
Persistent link: https://www.econbiz.de/10005497971
We study a model of intra-European trade flows and trade between Europe and the rest of the world for 29 manufacturing …
Persistent link: https://www.econbiz.de/10005281323